Public goods rely on forcing citizens to pay

HERE’S THE INTERESTING PART

If society provides something beneficial to everyone regardless of contribution, highly rational actors will simply refuse to chip in. Hence, taxes exist solely because humans are entirely too selfish to fund infrastructure voluntarily.

From the Stacky collection1 min read

Public goods rely on forcing citizens to pay — STACKY / Economy

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Public goods rely on forcing citizens to pay

A bigger world.One discoveryat a time.

Keep exploring

National defense protects everyone whether they pay or not

Macroeconomics studies the forest instead of the trees

Private groups built and charged for lighthouses

Public goods prevent anyone from being excluded from use

Global debt has ballooned to over 300 trillion dollars, a figure that massively outweighs the total amount of actual, physical money and easily accessible liquid assets that currently exist on planet Earth.

The recession that lasted just two months

A bigger world.
One discovery
at a time.